Bulls are bears

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There is a fine relationship between an investor and a project he truly believes in.

If you truly believe a coin has huge growth potential, you'll invest in it.

If the next month the price hasn't moved much, you'll probably buy more. It's always a good idea to DCA weekly or at least monthly.

If the price goes down, that's a favor to a true believer. He can accumulate more while paying less.

Now imagine that you are the believer we are talking about. You have the intellect to spot a good coin and understand it's true potential. And what the best part is, you found it.

After a few months or even years, everything you predicted and believed starts to happen. The price pumps, the network grows. You look at your portfolio, and ask yourself: "Why didn't I buy more last month? I could've made lots of money."

And then the price pumps even more.

You made a lot of money but not enough to set you for life. You have 2 options: 1. sell now and buy at the next dip, even if you know there is a huge possibility the price will never fall below this point anymore, or 2. HODL and continue to DCA because only now you can see that there's more room for growth.

Your only wish is that there is one more dip so you can accumulate more. For a dip to happen, the price has to go down. So technically, you are a bear cheering for the price to go lower.

There is a phrase among true believers and predictors:

"I'm bearish only because I'm bullish."

It's fine to be a true believer. You are clearly a strong hand, and the community needs this kind of people.

Don't blame yourself for not buying more. Be happy with what you have. Be grateful that you had the privilege to see and understand a coin's potential years before many will.

Feed your knowledge and understanding of this industry. If you do so, you'll probably be able to identify another coin just as good in the future.

Don't forget that a pizza or two were bought for 10k BTC!

Who knows what other mistakes people made even after the awareness of Bitcoin grew a lot after those pizzas. Probably someone exchanged 100 BTC for an iPhone 5, but nobody talks about it.

Every mistake is part of the process and history. Maybe your history won't be interesting enough to narrate it, but it will be stored in the blockchain forever.

 

Thank you Satoshi!

Regulation and Society adoption

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